The central government has appointed Goverdhan Singh Rawat and Ajay Kumar Sood to serve as Deputy Managing Directors (DMDs) at the National Bank for Agriculture and Rural Development (NABARD). This appointment follows the approval of the proposal by the Department of Financial Services, as conveyed in an order issued by the Department of Personnel and Training (DoPT) on Saturday, November 4, 2023.
Their appointments will be effective from the date they assume office or until further directives are issued, whichever occurs earlier. Mr. Rawat’s appointment is for a term of five years, while Mr. Sood will serve until his superannuation on August 31, 2027.
Both Mr. Rawat and Mr. Sood previously held the position of Chief General Managers at NABARD.